how much can ones house be for reverse mortgage ie 500k??

Hi,
The amount you can borrow depends on several factors, including your age, the type of reverse mortgage you select, current interest rates, the location of your home, and the appraised value of your home and FHA's lending limits for your area. In most cases, the older you are, the more valuable your home, and the less you owe on it, the more money you can get.

Hi,

I completely agree with Jon. There are several factors that will decide how much you can borrow like your age and location of your property.

Please feel free to ask if you have any more doubts.

Thanks,
Jerry

Hi mcleaish

You can checkout this section http://www.mortgagefit.com/reverse.html

It has some good articles on reverse mortgage. Hope those will help you.

Adonis